re: Ann: RDG: Pacer and Silver Lake Resources... Jansoori, as has been pointed out so many times on every gold stock it is all about margin, margin, margin. SLR is a relatively high cost producer and hence are more negatively affected by the gold price fall.
Furthermore it is about the margin at what the future price of gold will be. The market is pricing in a lower price of gold for a considerable period. I happen to think the market has got it wrong but that's what is happening.
Seriously I think there needs to be a permanent sticky at the top of all gold stock threads to explain the concepts of margin and leverage. Forget about manipulation and understand the basics.
SLR was also over-loved for a long time and hence is a target for shorters etc.
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